Trends - energy - Business Recorder

energy

The Duck Curve challenge

As the world embraces the era of energy transition, Pakistan stands at a critical juncture where adopting a Just...

Published 04 Dec, 2024 03:14am

Opinion

Net metering: Balancing the scales—V

To achieve a win-win solution for all stakeholders—solar users, non-solar consumers, utility companies, and the...

Updated 24 Oct, 2024 08:26am

Trade, industry and energy: Pakistan, Russia agree to pursue robust dialogue

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif and Prime Minister of Russian Federation, Mikhail Mishustin on...

Updated 17 Oct, 2024 03:34pm

Qatari team lays focus on energy, mining and aviation: FO

ISLAMABAD: Pakistan and Qatar have expressed their resolve to further deepen fraternal ties and enhance trade and...

Updated 10 May, 2024 08:59am

Opinion

Productive use of energy critical to reviving economy

The new government faces the daunting challenge of navigating its complex economic landscape. The country’s foreign...

Updated 01 Apr, 2024 06:14am

Business & Finance

E.ON raises investments to $46 billion

ESSEN (Germany): E.ON, Europe’s biggest operator of energy networks, on Wednesday raised its five-year investment...

Published 21 Mar, 2024 05:22am

Business & Finance

FCCI for provision of energy at ‘regionally competitive’ rates

FAISALABAD: Plugging loopholes of smuggling and ensuring availability of dollar at a stable rate was herculean task...

Published 22 Feb, 2024 06:55am

Pakistan

NEECA holds seminar: Govt seeks support from religious leaders to promote energy conservation

ISLAMABAD: The federal government has sought support from religious leaders for conservation of energy in the...

Published 16 Jan, 2024 05:44am

Govt, KE ink ‘long-awaited’ agreements

ISLAMABAD: Government of Pakistan (GoP) and K-Electric (KE) on Friday reached a significant milestone by signing...

Updated 06 Jan, 2024 05:18pm

Opinion

Energy use in region: comparisons odious

Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy...

Published 25 Dec, 2023 05:42am

Business & Finance

IEA says China oil demand key factor in energy transition

PARIS: The International Energy Agency executive director underlined Tuesday the importance of Chinese demand for...

Published 25 Oct, 2023 06:19am

Opinion

It’s time to close the sustainable energy gaps in Asia and the Pacific

This year we pass the halfway mark both on our journey towards implementing the 2030 Agenda for Sustainable...

Published 16 Oct, 2023 05:47am

Business & Finance

Trade, energy, transport: Pakistan, Iran agree to deepen cooperation

ISLAMABAD: Pakistan and Iran have agreed to deepen cooperation in trade, energy, transport, connectivity, cultural...

Published 19 Jun, 2023 06:55am

Pakistan, Azerbaijan agree to enhance trade & energy cooperation

BAKU (Azerbaijan): Pakistan and Azerbaijan on Thursday agreed to enhance bilateral cooperation in the fields of...

Updated 16 Jun, 2023 08:58am

World

‘Worst yet to come’ for Europe energy shortages: Qatar minister

DOHA: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas...

Published 24 May, 2023 05:57am

Original utility connection holders: Energy firms asked to collect tax data on CNIC basis

ISLAMABAD: The Reforms and Resource Mobilisation Commission (RRMC) has recommended electricity/gas companies to...

Updated 14 May, 2023 10:11am

Energy, water, climate change: ‘Spy agency’ wants to join talks with US

ISLAMABAD: The country’s premier Intelligence Agency has urged Ministry of Climate Change and Power Division to also...

Updated 03 May, 2023 08:46am

Pakistan

Govt to set up multibillion-dollar oil refinery in Pakistan

Prime Minister Shehbaz Sharif has approved $10 to $14 billion worth of oil refinery in Pakistan, junior petroleum...

Updated 28 Apr, 2023 10:11pm

Markets

Pakistan-Russia oil deal: Countries to make own sovereign decisions, says US

US State Dept spokesperson says Washington has never tried to keep Russian energy off the market

Updated 26 Apr, 2023 04:28pm

Markets

Improving India demand boosts thermal coal prices in Asia

NEW DELHI: Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades...

Published 28 Feb, 2023 06:15am

Opinion

Democratisation of energy

“Democracy is an impossible thing until the power is shared by all,” Gandhi said this, and it supports the...

Published 19 Feb, 2023 03:19am

OGDCL asked by ECC to give Missa Keswal D&PL extension

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Oil and Gas Development Company...

Updated 17 Feb, 2023 08:48am

Pakistan

Climate change losses: PM stresses collaboration with IAEA

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday stressed greater collaboration with International Atomic ...

Published 16 Feb, 2023 07:29am

Opinion

Europe looks to geothermal energy as gas alternative

The heating plant in Munich’s southern Sendling neighbourhood has been run for more than a century on gas, often...

Published 04 Feb, 2023 06:08am

World

EU unveils plan to counter US green subsidies, China competition

BRUSSELS: The EU on Wednesday unveiled proposals to counter the threat to European industry from US green subsidies...

Published 02 Feb, 2023 06:12am

Markets

Sepco asked to expedite electrification of Sukkur villages

KARACHI: Sindh Energy Minister Imtiaz Shaikh on Wednesday directed the Sukkur Electric Supply Corporation (Sepco) to...

Published 12 Jan, 2023 05:51am

Business & Finance

Cost-of-living crisis ‘biggest global risk’

LONDON: The cost-of-living crisis will be the biggest global risk over the next two years, a survey by the World...

Published 12 Jan, 2023 05:51am

Markets

India expects utilities’ annual coal demand to surge

SINGAPORE/NEW DELHI: India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024,...

Published 11 Jan, 2023 05:53am

Business & Finance

Businesses don’t like energy conservation idea: analyst

KARACHI: Energy conservation policy for maximizing use of daylight hours for commercial activities is a brilliant...

Published 08 Jan, 2023 03:48am

Editorials

On energy conservation

EDITORIAL: The country needs to vigorously pursue the objective of energy conservation; there are no two ways about...

Published 07 Jan, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.44
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
India Sensex / Mar 25	78,876.83
Tokyo Nikkei / Mar 25	37,938.34
Nasdaq / Mar 25	18,271.86
Hang Seng / Mar 25	23,409.08
FTSE 100 / Mar 25	8,663.80
Dow Jones / Mar 25	42,587.50
Germany DAX 30 / Mar 25	23,109.79
France CAC40 / Mar 25	8,108.59

Item	Value
Crude Oil USD/Barrel / Mar 25	69.19
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.63
Cotton US¢/pound / Mar 25	65.24
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.98 ▲ 0.99 (11.01%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
East West Ins. / Mar 26 East West Insurance Company Limited(EWIC)	63 ▲ 5.71 (9.97%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	1,069 ▲ 96.88 (9.97%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)
Hussain Industries / Mar 26 Husein Industries Limited(HUSI)	27.29 ▲ 2.42 (9.73%)
United Insurance / Mar 26 The United Insurance Company(UNIC)	18.85 ▲ 1.54 (8.9%)

Stock	Price
Parmount Sp. / Mar 26 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
First Tri-Star Mod. / Mar 26 First Tri-Star Modaraba(FTSM)	12.08 ▼ -1.33 (-9.92%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58 ▼ -5.98 (-9.35%)
Ashfaq Textile / Mar 26 Ashfaq Textile Mills Limited(ASHT)	13.01 ▼ -1.34 (-9.34%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	72.20 ▼ -7.37 (-9.26%)
Faisal Sp. / Mar 26 Faisal Spinning Mills Limited(FASM)	301 ▼ -22.08 (-6.83%)
First Elite Cap.Mod / Mar 26 First Elite Capital Modaraba(FECM)	9.20 ▼ -0.66 (-6.69%)
Ruby Textile / Mar 26 Ruby Textile Mills Limited(RUBY)	6.55 ▼ -0.46 (-6.56%)
Ghazi Fabrics / Mar 26 Ghazi Fabrics International Limited(GFIL)	6.89 ▼ -0.48 (-6.51%)
Chenab Ltd (Pref) / Mar 26 Chenab Limited (Pref)(CLCPS)	2.66 ▼ -0.18 (-6.34%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	23,534,658 ▲ 2.25
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.97
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	14,454,846 ▲ 0.14
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.02
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	10,207,107 ▲ 0.08
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	8,838,908 ▲ 9.63
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	7,731,839 ▲ 2.67
Sui South Gas / Mar 26 Sui Southern Gas Company Limited(SSGC)	7,601,850 ▲ 0.12
Pak Refinery / Mar 26 Pakistan Refinery Limited(PRL)	7,461,474 ▲ 0.69
Pak Int.Bulk / Mar 26 Pakistan International Bulk Terminal(PIBTL)	7,039,319 ▲ 0.18

Markets →

Budget 2024-25: income tax calculator for FY25

energy

Most Popular